FY2025 · ended Dec 31, 2025 · Revenue $11.17B, -8.0% YoY · Filed Feb 26, 2026
Westlake Corporation (WLK) files with the SEC under industry code 2860, Industrial Organic Chemicals. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $11.2 billion and a net loss of $1.5 billion. Free cash flow was -$530.0 million. As of Sep 30, 2026 it held $2.0 billion in cash and investments and $5.9 billion in total debt.
Revenue (TTM)
$11.44B
-0.4% vs year-ago TTM
Net income (TTM)
$-447.00M
+53.3% vs year-ago TTM
Operating cash flow (TTM)
$844.00M
+25.2% vs year-ago TTM
Free cash flow (TTM)
$12.00M
+103.3% vs year-ago TTM
EPS (TTM)
$-3.49
+53.2% vs year-ago TTM
Dividend per share (TTM)
$2.12
+0.9% vs year-ago TTM
Shares outstanding
127.91M
-0.2% vs prior year
Net cash
$-3.88B
as of Sep 30, 2026
Operating margin
-3.8%
FY 2026
Company profile
- Industry
- Industrial Organic Chemicals (SIC 2860)
- Listed as
- WLK (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1262823
- Former names
- WESTLAKE CHEMICAL CORP (until Feb 1, 2022)
Other Industrial Organic Chemicals companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $11.2B | $12.1B | $12.5B | $15.8B | $11.8B |
| Operating income | -$1.6B | $875.0M | $729.0M | $3.0B | $2.8B |
| Net income | -$1.5B | $602.0M | $479.0M | $2.2B | $2.0B |
| Diluted EPS | -$11.70 | $4.64 | $3.70 | $17.34 | $15.58 |
| Operating cash flow | $465.0M | $1.3B | $2.3B | $3.4B | $2.4B |
| Free cash flow | -$530.0M | $306.0M | $1.3B | $2.3B | $1.7B |
| Total assets | $20.0B | $20.8B | $21.0B | $20.6B | $18.5B |
| Total liabilities | $10.7B | $9.7B | $10.3B | $10.1B | $9.9B |
| Stockholders' equity | $8.8B | $10.5B | $10.2B | $9.9B | $8.0B |
| Cash and investments | $2.9B | $2.9B | $3.3B | $2.2B | $1.9B |
| Total debt | $6.4B | $5.4B | $5.6B | $5.5B | $5.7B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Nov 4, 2026 | Nov 4, 2026 |
| 8-K |
Current report
Exit or restructuring costs, Regulation FD disclosure
|
Sep 29, 2026 | Sep 24, 2026 |
| 8-K |
Current report
Officer or director change
|
Aug 31, 2026 | Aug 31, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 4, 2026 | Aug 4, 2026 |
All 1010 Westlake Corporation SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.